Verizon stock heads for worst day since 2002 as SpaceX U.S. network plans whack telcos
SpaceX announced the spectrum deal Thursday, as the company aims to push deeper into the telecom market through its Starlink service.
3 articles from CNBC, MarketWatch, NBC News.
SpaceX announced the spectrum deal Thursday, as the company aims to push deeper into the telecom market through its Starlink service.
Telecommunications stocks were seeing their worst daily drops in over a decade.
Elon Musk’s plan for SpaceX to become a major mobile carrier sent shares of AT&T, Verizon and T-Mobile plunging and wiped out over $50 billion before lunch.